Despite a complicated 2015, the Chilean investment portfolio of mining projects won't decline in 2016. Portal Minero, the main mining media outlet in Chile, estimates an USD 81, 085 millions investment from mining companies for the new year. An article published last week highlights 26 mining projects in exploration stage with an USD 4,000 million budget, Read More
Vince Peckham Via: Mining.com Chile's state-owned copper giant Codelco's announcement today of another round of layoffs is just the latest sign of an industry under stress. Copper has recovered from six-year lows struck late August on the back of supply cuts by major producers but at around $2.30 a pound or $5,000 per tonne on Tuesday Read More
An interesting article in today's Wall Street Journal on the shift to solar and wind by large mining operators in Chile. The article underlines the competitiveness of renewables for mining in this part of the world. The article features companies that all participated in the recent Renewables and Mining Summit in Chile. If you would like Read More
In a Q&A interview published this week, Pattern Development’s CEO Mike Garland offers the lessons learned from partnering with Antofagasta and predicts how Chilean mining companies will expand their use of renewable energy in the future. Great quotes include from Mike Garland include: “Renewables are probably the least expensive option they [the mines] have. We’ll typically Read More
Mining is the fourth-largest energy consumer in Australia, using roughly 10% of Australia’s total. Some of this comes from the electricity grid — but much is supplied offgrid in the form of diesel and other fossil fuels. Could some of this be replaced by renewable sources? Read Full Article The Conversation, Dec 16th
